Singapore, Sept. 04, 2025 — Fitness Champs Holdings Limited (the “Company”), a prominent aquatic sports education provider in Singapore, today announced the pricing of its initial public offering (the “Offering”). The Offering consists of 3,750,000 ordinary shares, with 2,000,000 offered by the Company and 1,750,000 by selling shareholders, at a public price of US$4.00 per ordinary share. These ordinary shares have received approval for listing on the Nasdaq Capital Market and are slated to begin trading on September 4, 2025, under the ticker symbol “FCHL.”
The Company anticipates generating aggregate gross proceeds of US$8.0 million from the Offering, before accounting for underwriting discounts and other associated expenses. The Offering is projected to conclude on or around September 5, 2025, pending the fulfillment of customary closing conditions.
Net proceeds derived from the Offering will be allocated as follows: (i) to bolster the Company’s coaching staff by recruiting and training more coaches; (ii) for marketing and brand-building initiatives; (iii) for business expansion, including vertical growth into other aquatic sports; (iv) for potential strategic acquisitions; (v) for the repayment of loans extended by its controlling shareholder to cover the costs of the Offering; and (vi) for general working capital and corporate needs.
The Offering is being executed on a firm commitment basis. Bancroft Capital, LLC (“Bancroft Capital”) is serving as the lead managing underwriter and book-runner for this Offering. Troy Gould PC is acting as the U.S. counsel to the Company, while Sichenzia Ross Ference Carmel LLP is representing Bancroft Capital as its U.S. counsel in connection with the Offering.
A registration statement on Form F-1 related to the Offering was lodged with the Securities and Exchange Commission (the “SEC”) (File Number: 333-287405) and, following amendments, was declared effective by the SEC on September 3, 2025. This Offering is exclusively made by means of a prospectus that forms part of the registration statement. Copies of the prospectus for the Offering may be obtained, once available, from Bancroft Capital at 501 W Office Center Dr # 130, Fort Washington, PA 19034, or by email at , or via telephone at (484) 546-8000. Additionally, prospectus copies related to the Offering will be accessible through the SEC’s website at .
Before making an investment, potential investors should review the registration statement, the preliminary prospectus contained within it, and the final prospectus, once issued, along with other documents the Company has filed or will file with the SEC for more comprehensive information regarding the Company and the Offering. This press release does not constitute an offer to sell, or a solicitation of an offer to acquire any of the Company’s securities. Furthermore, such securities shall not be offered or sold in the United States without registration or an applicable exemption from registration, nor shall any offer, solicitation, or sale of the Company’s securities occur in any state or jurisdiction where such actions would be unlawful prior to registration or qualification under the relevant securities laws.
About Fitness Champs Holdings Limited
Fitness Champs Holdings Limited stands as a leading aquatic sports education provider, delivering general swimming instruction to both children and adults, including specialized ladies-only sessions, as well as classes in aquatic sports such as water polo, competitive swimming, and lifesaving. The Company is recognized as one of Singapore’s largest providers of swimming lessons for children enrolled in public schools under the Ministry of Education of Singapore, primarily through the SwimSafer program. Since 2012, it has also offered private swimming lessons to children, youths, and adults under its “Fitness Champs” brand. The Company’s mission is to ensure swimming is an accessible and enjoyable sport for all ages, promoting water safety and a healthy lifestyle. For additional details, please visit the Company’s website at .
Forward-Looking Statements
This announcement includes certain forward-looking statements, which encompass, but are not limited to, the Company’s proposed Offering and its intended use of proceeds. These forward-looking statements are subject to known and unknown risks and uncertainties and are grounded in the Company’s current expectations and forecasts about future events that it believes could impact its financial condition, operational results, business strategy, and financial requirements, including the anticipation that the Offering will be successfully concluded. Investors can identify many (though not all) of these statements through terms such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” or similar expressions found in this prospectus. The Company is not obligated to publicly update or revise any forward-looking statements to reflect subsequent events, changing circumstances, or alterations in its expectations, unless legally mandated. While the Company believes the expectations conveyed in these forward-looking statements are reasonable, it cannot guarantee their accuracy. The Company advises investors that actual outcomes may differ substantially from anticipated results and encourages a review of other factors that might influence its future performance as detailed in the Company’s registration statement and other filings with the SEC.
For more information, please contact:
Fitness Champs Holdings Limited
Email:
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email:
